{"id":1650,"date":"2016-08-12T01:56:55","date_gmt":"2016-08-12T01:56:55","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1650"},"modified":"2016-07-29T13:28:19","modified_gmt":"2016-07-29T13:28:19","slug":"0-4-interest-rates-in-the-euro-zone","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1650","title":{"rendered":"-0.4% Interest Rates in the Euro Zone"},"content":{"rendered":"<p>We have negative interest rates in the Euro Zone<\/p>\n<p><a href=\"http:\/\/www.ecb.europa.eu\/home\/html\/index.en.html\" target=\"_blank\">http:\/\/www.ecb.europa.eu\/home\/html\/index.en.html<\/a><\/p>\n<p>This means that is a bank in the EU deposits money with the European Central Bank, a negative interest rate is applied, that being of 0.4%.<\/p>\n<p>Thus \u20ac1,000,000 (\u20ac1m Euros) on deposit with the ECB, after 12months would be \u20ac996,000. Yes\u00a0 a capital loss of \u20ac4,000 Euros.<\/p>\n<p><a href=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2016\/06\/ECB.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1649\" src=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2016\/06\/ECB-300x225.jpg\" alt=\"ECB\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/06\/ECB-300x225.jpg 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/06\/ECB-624x468.jpg 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/06\/ECB.jpg 960w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have negative interest rates in the Euro Zone http:\/\/www.ecb.europa.eu\/home\/html\/index.en.html This means that is a bank in the EU deposits money with the European Central Bank, a negative interest rate is applied, that being of 0.4%. Thus \u20ac1,000,000 (\u20ac1m Euros) on deposit with the ECB, after 12months would be \u20ac996,000. Yes\u00a0 a capital loss of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1650","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1650"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1650\/revisions"}],"predecessor-version":[{"id":1652,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1650\/revisions\/1652"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}